7th Apr 2017 16:10
Meggitt PLC
Director/PDMR - share scheme awards
On 7 April 2017, the following awards were granted over ordinary shares of 5p each in Meggitt PLC under the Meggitt Long Term Incentive Plan (LTIP) and under the Deferred Share Bonus Plan (DSBP).
LTIP awards were based on an award price of £4.4210 and were granted as (i) nil cost options for UK participants, first available for exercise on 7 April 2020 with an expiry date of 6 April 2022; (ii) awards over shares for other participants, to be released as soon as practicable after 7 April 2020.
DSBP awards were based on an award price of £4.4210 and were granted as awards over shares for all participants, to be released as soon as practicable after 7 April 2019.
Name | LTIP award | DSBP award |
Stephen Young Chief Executive Director, PDMR | Nil cost option 350,825 | Award over shares 35,342 |
Doug Webb Chief Financial Officer Director, PDMR | Nil cost option 232,390 | Award over shares 24,598 |
Tony Wood Chief Operating Officer Director, PDMR | Nil cost option 228,907 | N/A* |
Philip Green Executive Director, Commercial & Corporate Affairs Director, PDMR | Nil cost option 187,355 | Award over shares 19,989 |
Chris Allen SBU President (designate), Meggitt Sensing Systems PDMR | Nil cost option 109,929 | Award over shares 9,895 |
Hugh Clayton Group Director, Engineering & Strategy PDMR | Nil cost option 118,072 | N/A* |
Amir Allahverdi Group Operations Director PDMR | Award over shares 124,258 | Award over shares 12,288 |
Lorraine Rienecker President, Customer Services & Support PDMR | Nil cost option 98,020 | Award over shares 10,913 |
Peter Huber Group Sales & Marketing Director PDMR | Award over shares 149,156 | Award over shares 14,485 |
Luke Durudogan SBU President, Meggitt Aircraft Braking Systems PDMR | Award over shares 129,034 | Award over shares 11,440 |
Dennis Hutton SBU President, Meggitt Control Systems PDMR | Award over shares 119,169 | Award over shares 10,874 |
Stewart Watson SBU President, Meggitt Equipment Group PDMR | Nil cost option 87,231 | Award over shares 6,050 |
David Horner SBU President, Meggitt Polymers & Composites PDMR | Award over shares 113,531 | Award over shares 10,222 |
* Owing to the start date of their employment in December 2016 and April 2017 respectively, Tony Wood and Hugh Clayton did not receive STIP payments for 2016 and therefore have not received DSBP awards.
Date: 7 April 2017
Enquiries:
Meggitt PLC +44(0)1202 597597
Marina Thomas, Group Company Secretary ([email protected])
Simon Grant, Company Secretarial Assistant ([email protected])
Legal Entity Identifier (LEI): YMFO3TKB4UAWQTDZJJ31
Related Shares:
MGGT.L